Insights and Stories on Soybean Exports

Aug. 3, 2018 at 4:38 pm CDT

Beunos Aires | Reuters – Argentina expects to export significant amounts of soymeal to China starting after the next harvest in May, a top agriculture ministry official said on Friday, as the South American grains powerhouse moves to take advantage of U.S.-China trade strife. Argentine officials were in Beijing on Friday finalizing […]

By Hugh Bronstein

Jan. 2, 2018 at 4:43 pm CST

Buenos Aires | Reuters – Argentina has cut its soybean export tax to 29.5 percent from a previous 30 percent, the first step in a plan to gradually reduce the levy to 18 percent over two years, the agriculture ministry said in a statement on Tuesday. The plan will see […]

By Hugh Bronstein, Maximilian Heath

Jun. 16, 2017 at 8:19 pm CDT

Chicago | Reuters — U.S. farm groups criticized President Donald Trump’s decision to retreat from his predecessor’s opening toward Cuba, saying it could derail huge increases in farm exports that totaled US$221 million last year. A trade delegation from Minnesota, one of the largest U.S. agriculture states, vowed to carry […]

By Karl Plume

Dec. 16, 2016 at 5:10 pm CST

Chicago | Reuters — U.S. soybean futures firmed on Friday, as a fresh export deal highlighted the robust overseas demand for the oilseed and also supported by lingering concerns about dry conditions in Argentina, traders said. Wheat futures were flat, retracing losses late in the session on a round of […]

By Mark Weinraub

Aug. 12, 2016 at 3:54 pm CDT

Chicago | Reuters — U.S. corn futures plunged to a seven-year low on Friday and hit contract lows in all months after a the government forecast a larger-than-expected harvest, but the market ultimately closed firm as the low prices prompted bargain buying. Soybeans eased as the U.S. Department of Agriculture […]

By Karl Plume